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Search Results 0 to 49 of about 144 (some duplicates have been removed)
and gloom for the market watchers. what's the truth here. >> traders for a long time figured this was no big deal a big oner. recently they started to take action pulling gold prices higher over $1,600 a troy ounce and a weak dollar means that oil prices are spiking higher almost to $100 a barrel. bar the door if we actually have a default then you could see the big impacts a big market sell-off spiking interest rates. >> shepard: default a much bigger deal than a downgrade. a lot of folks suggest a downgrade coming either way. >> a downgrade could come any time. very big impact on consumer interest rates, mortgage rates, small business loans. you name it, they become more exeivel if those interest rates move higher. also stocks could sell off not good news for your 401(k), shep. >> shepard: no doubt. gerri willis fox business news. her report 5:00 eastern time, 4:00 central on the fox business network jewels up the dial. one republican leader says president obama would rather give speeches about the debt crisis than find a solution. but the president's experts say he is the one actually tal
morning steve and alison big hello welcome back. >> thank you tuck. i experienced dry heat i will talk about it later in the show. >> we had something from another world over the weekend temperatures a little better today i want to stress, low 90s decent chance for scattered showers and thunderstorms could use those this is generally a good news monday forecast let's look at our satellite radar, again we will start with radar gain showers off to the south and east, heavy rain in spots across southern maryland during the overnight hours they had a flash flood warning, but you can see here in the immediate washington area, fairly quiet conditions there is a lot of haze and humidity in the atmosphere. temperature not comfortable, regan national, 81 degrees. 76 dulles, 75 at the naval air station and 75 hagueers town. partly sunny condition, thunderstorms developing later, highs upper 80s low 90s again our best chance of rain this week let's hope we get a little bit before sunshine returns tomorrow more details in the forecast in a coupling minutes lauren. >>> we are still dealing with two
worked out, check their lockers, talked with coaches, which they are now allowed to do. the big questions remain of donovan mcnabb. and in fact he was not here today. he is under contract ands is believed that he will be traded, probably to minnesota. rex grossman is a free agent but we believe he will be resigned. and that leaves us with john beck, who, as everyone knows, he is the starting quarterback. beck is in his 5th year out the byu, drafted in the dolphins in '07 and played with the ravens in 2009. a short time ago i spoke with the man who very well could be the redskins starting quarterback. >> john beck, as happy as anybody that the lockout is over. >> glad it is over and we can be back here working. >> and you're back to work and you've talked all along like you are going to be starter. as a quarterback, you have to be confidence. has mike shanahan told you something that he hasn't told us yet, or is there some inside info that you know you are the starter. >> it's just a competition, is what i've been told, the competition to be that guy and i feel confident in that competitio
>>> this is fox 5 news at 10:00. >>> fox 5 on top of the big stories tonight. a talented but troubled singer silenced for ever. amy winehouse found dead at home. the entertainment world mourns as details emerge about the investigation. the psychiatrist murdered in northern virginia and police say a patient pulled the trigger. left with no ac in the middle of our heat wave. residents of a dc apartment complex say despite complaints, they had to sweat it out the last few days. a lot to get through tonight, but we're going to start off with the extreme heat. thanks for joining us at 10:00, i'm lee thomas. we are wrapping up another record setting day of triple digit temperatures. and right now, we are still hovering around the 90-degree mark. fox 5 is in the weather center. ken, we are all on the same page on this one, hoping the heat wave is behind us now. >> i think we are. we are not quite out of the clear. now we will get a little bit cooler, but just relatively speaking and i'm only speaking a few degrees. but we still have the he
through song. >> i want people to know what an amazingly, beautiful, talented girl who made a big impact in the music world and personally to lots and lots of people. and that's ba what her family to know as well. she made a really big impact. >> an autopsy is scheduled for tomorrow. >>> in san francisco today, the contemporary jewish museum held what had to be the first ever hand holding music and art exhibit. all of it with a gay and lesbian theme. ♪ there's the music, the hand holding part of the event comes after one of the security guards there told a lesbian couple two days ago they were not allowed to hold hands inside the museum. the museum director says today's event was a big success. >> we just couldn't be happier with the outcome. people coming, people singing "i want to hold your hand" and recognizing that the contemporary jewish museum is for everybody. >> museum officials say the guard worked for a private security company and was immediately removed from the premises after last week's incident. >>> still to come at 5:00, a well known bay area surf spot becomes a place o
&p said they need to do to keep the credit rating at triple-a. >> how big of a concern is that? even with the plans the credit rating might still be downgraded? >> it's a very big risk, anderson. there's two different events here and it's hard to keep them separated from each other. the first is getting the debt sealing lifted. that's the critical negotiation under way now. even if we get it lifted, eric's right. standard & poor's is saying even if you get it lifted it's how much you're willing to cut the deficits that they will really judge the triple-a rating of the united states on and if it's something less than $3 to $4 trillion in real cuts they're going to lower the credit rating of the united states for the first time in our history. we've had it since 1917 we've been triple-a. there's a growing sense at top levels here in washington that the chances of a credit rating downgrade is becoming more than just a possibility but moving towards a probability. >> april, for those who haven't been following this as closely as everybody in washington and a lot of other folks have been
." big developments expected on the debt ceiling debate. john boehner hopes to unveil a new deal by 4:00 p.m. this afternoon. mike viqueira has more. good sunday morning, mike. >> reporter: well, good morning to you. crunch time in washington after talks in the white house blew up between republicans and president friday night. congressional leaders and staff have been scrambling to find a way out of the mounting crisis and of course, there are nine days to go before the first possible default in u.s. financial history and government history. leaders hope to announce at least later today the framework for an agreement. and they're doing that in part to soothe worldwide market jitters that many of the markets open late today eastern time around the world for monday openings and there's a great deal of concern an adverse effect. john boehner has a proposal on the table. leaders huddled last night to look at it. call for $1 trillion in cuts but dealing with major questions, the most volatile questions that we've seen, including cuts and changes to social security and medicare, and what t
for a lot more spending cuts later on. they are running out of room to cut. you will remember the big spending bill earlier this year cut tens of billions of dollars. so if you take a step back and you look at the entire forest there's a lot of spending cuts going on. lot of real spending cuts democrats are arguing that they are going to hurt a lot of people. so those certainly are accounting tricks. in terms of that last little margin to get to the point where they are cutting more than they are raising the debt ceiling which is what republican leaders wanted to do, they needed to rely on some creative use of cbo accounting methods. >> right. this is also interesting, though. even if he does get john boehner, that is, the house, even if he does get the conservatives to fall in lynn and go ahead and vote for this, there seems to be question about whether it will get out of the senate. have you 53 senators, two independents, included who said they are not going to support boehner's proposal. now we are looking at another proposal perhaps harry reid's proposal which the cbo also downgra
source that this meeting was called over a big impasse between these congressional leaders on these now fresh negotiations between them, don. the impasse is over a part this proposal that we've now learned that house speaker john boehner is pushing, and it has proposed to some members on a conference call earlier today. this proposal would raise the debt ceiling but would also come with $3 trillion to $4 trillion in cuts but would require a two-step process. and that's where the big impasse is according to democratic sources over this two-step process. one source putting it to me pretty clearly, it was rejected in the meeting. this person said neither reed nor pelosi nor the president will agree to any deal that does not increase the debt ceiling, the debt limit through 2012. that seems to be the impasse where they are now. i will tell you one point this a source says that was agreed on in the room is that they want to reach some agreement before asian markets open tomorrow. so they are actively working. if we take anything away from this afternoon, maybe one part of a proposal might be
reporter dovetails neatly with our big question tonight. keeping them honest, if a strong majority of americans is telling washington they want a deal on the debt crisis, they want these guys to compromise with the other side, they want a mix of spending cuts and tax increases. then why isn't washington getting the mage? we've got new polling that says all of that. and this is important. recent polling may also explain why we haven't got an deal yet. we'll tell you what we're talking about. in any case, americans are speaking out today. >> good morning, speaker boehner's office. how may i help you? >> a summer avalanche of phone calls hitting the capitol. president obama asked for it in his address to the nation last night. here it is. house switchboard today getting nearly double the volume of normal phone calls, house speaker baine er's office reporting as many as 300 people on hold for as long as an hour. online the same story. site unavailable. server busy. we found better than one in three congressional web sites either slow or down entirely from all the volume. also multiple
was try to create a new sense of urgency to see if there's a chance to put the big deal back together that he and speaker boehner were close to having this deal last week. but in many ways, this speech was almost oh post mortem, almost setting up the blame game for the fact that no big deal is going to happen. and no matter what happens here at the end of the day, the debt ceiling is going to go up. but nobody is going to be happy about the deal. i can tell you this, ann, i had a bunch of democrats that said to me, would have been a good speech to give two weeks ago. >> i know that he called for public activism, so much so that we hear the capitol hill websites were crashing last night because so many people were trying to e-mail their representatives. it looks like he spooked main street, jim? will he spook also wall street? >> no, not at all. wall street is calm. the markets are looking good today. we had a blip down in the indicators between 9:0 and about 9:20. they came right back. no one is buying the panic, the sky-rocketing interest rates scenario. >> that said, hedge funds are
point. that's not a big deal. a lot of that is tied to greece and not what's happening in washington, is it not? >> reporter: let's put this into perspective. broadly speaking you could say the following. if there is no deal on this debt problem by that deadline in early august, if there is no deal you will probably see the stock market retreat big time. if surprise surprise there is a deal, and the debt ceiling is raids and we borrow some more money and we don't default, you can expect stocks to go straight up. that's the situation we are in. what i'm saying is you are going to see an awful lot of up and down with your money hour by hour. that's the way this week is going to be. bill: stuart varney. u.s. secretary of state hillary clinton is saying she is sure a debt deal with be reached. >> i'm confident congress will do the right thing and secure a deal on the debt ceiling. and work with president obama to take the steps necessary to improve our long-term fiscal outlook. bill: no coincidence she made those comments in hong kong. can both side make a deal? senator ron johnson, a ne
you that you could save hundreds! yeah, that'll certainly stick with me. we'll take it. go, big money! i mean, go. it's your break, honey. same coverage, more savings. now, that's progressive. call or click today. >>> to norway now. today we learned that the lone suspect in that horrible bombing and shooting attack that killed 93 people has confessed to both. he is expected to make his first court appearance in oslo tomorrow. cnn's michael holmes will be there when he does. michael, today you met a norwegian man who has an unforgettable story about what happened on friday. >> reporter: yeah. casper largo is his name. he was one of several good americans who when the shooting erupted over on this island, they heard about it, they got on their boats, they went to the island and did remarkable things. getting dozens of those kids off the island as the shooting continued. i want you to listen to part of a conversation i had with him earlier today. >> i asked the guard to go off in the water and hold the boat. asking them to name themselves. >> you thought there was a kind of rapport? >> y
be tarnished. >>> big deal. some of the most popular medicines in america like lipitor about to get a lot cheaper? >>> and jackpot. a tulsa man discovers these e d cups are worth more than $1 million. an "antiques roadshow" record. >> wow. >>> good evening. good monday to you. and tonight we begin with the face you haven't seen. the voice you haven't heard. the hotel maid who told thth story that rocketed around the world. the story of the alleged assault that derailed a powerful titan. and she says tonight she will not sit silently while he might go free. it's an abc news exclusive interview with "good morning america" anchor robin roberts who's here with us now. robin. >> and, diane, that woman is nafissatou diallo. they call her nafi. a 32-year-old immigrant from guinea, west africa. in her first television interview, she painstakingly recounts the day she says she was sexually assaulted by dominique strauss-kahn -- the powerful man who, at the time, was the head of the international monetary fund. >> he comes to me, and grab my breasts. "no! you don't have to be sorry." i said, "stop!
was killing was not important. as if it was not so huge. he said literally he had to make a statement so big that it could not be misunderstood. finally, there was one warning sign that is coming out now. the intelligence officials in norway apparently saw a red flag when he ordered large amounts of chemicals from a company online from poland. it did put up that red flag. they checked into it. apparently did not think anything of it. there had been -- he been big lots of fertilizer, but he rented a farm and planned that well. so he got away with. >> shepard: greg burke, thank you. continued coverage of the stunning attack. we'll talk live with a former fbi agent who supervised the federal task force to capture the unabomber. what he says about how the gunman in this case carried out the massacre. and why it is so hard to stop this kind of terrorism. that's minutes away. >> first, washington, politics and the debt ceiling debate. they are at it again. it is almost all politics. there's a little more than a week left before the u.s. hits its borrowing limit the 2nd of august the u.s. will defa
wing here, how big is this pool of people that could produce such a person? >> that pool of people i would say is very, very limited. what we see here is a rather extreme single instance rather than something representative. >> reporter: the maximum punishment in norway for any crime is 21 years in prison. if convicted, the 32-year-old suspect will be back on the streets when he's 53 years old. the suspect's lawyers said that the suspect is willing to appear in court here in oslo on monday, and explain why he did it. and the lawyers said that the suspect will say that what he did was, quote, atrocious, but necessary. lester? >> martin fletcher in oslo tonight, thank you. norway hasn't known this kind of terror since world war ii. it's a place where gun violence is rare and bombings are virtually unheard of. now oslo takes its place in a long list of places forever scarred by large scale mass murder. tonight, michelle franzen with the survivors' stories. >> reporter: as the search for victims continues, a very different search is under way at the place where families have come to iden
start that race together and give you a big hug at the finish line. >> sounds good. can't wait to see you. >> if you want to follow along with me or any members of the six-pack, logon to cnn.com/sanjay. thanks for being with us this morning. time now to get you back into the cnn newsroom for a check of of our top stories in the news right now. >>> good morning. same-sex couples are lining up in new york city right now. this is the day they have been waiting for for years. this is the day they can legally get married. the ceremonies start in a half hour in the city clerk offices around the city and our councilmember rauz are there. >>> also, an autopsy is planned soon for singer, amy winehouse. a tragic story. the grammy-winning talent found dead. >>> also, another new deadline set for the debt talks. house speaker, john boehner, says it's time to get this done, in a manner of hours before the asian markets open. >>> hello to you all. i am t. j. holmes. today is the day where many can wave the 24-hour standard waiting period so they can get married right away. many are starting
was in new york at the time rehearsing friday with his band getting ready for his big debut here in the states. he canceled his upcoming show on monday and flew home with his manager who also managed his daughter. imagine that, mitch, a former cab driver turned singer flying home tonight to be closer to his daughter, don. >> celebrities have been mourning since the news broke. what have you been hearing? >> many stars, are sad she died so young. they're not totally surprised by winehouse's death with all her struggles with drugs and alcohol. listen to what a few had to say. >> the thing about addiction that i learned from playing a bunch of these guys that are addicts is that it's not wrong or bad to want to get out of the pain of mortality. that's what we're trying to do, and a lot of artists are just too sensitive for the world. >> yeah, i just heard about amy passing away today. i'm a big fan of her music. and i don't know her personally, but it's always tragic when someone goes. it's just sad. i mean, she's very well gifted and very talented. >> those were actors kellen lutz
have a responsibility to come together and solve the problem. >> reporter: and one of the big issues for democrats is they say the republican plan would sort of expire before the president's re-election campaign, with another vote to raise the debt ceiling again, they say that would put us right back here. republicans say they need to guarantee that cuts would actually happen in the future to prevent more of a crisis. now, after all this wrangling, aides tell me the senior level negotiators in both parties are still talking, trying to find a way to close the gaps. and as you mentioned, brian, speaker boehner will follow the president tonight. he'll speak for about five minutes to lay out why he thinks his plan should get the public support. brian? >> kelly o'donnell setting the stage on capitol hill for us tonight. kelly, thanks. >>> our chief white house correspondent political director chuck todd is with us tonight from the white house. chuck, it seems to me there are almost two planes going on here. number one, the problem itself, and it couldn't be more important the various plan
shooting massacre in memory. at least 85 murdered. >> he was going around killing people like it was no big deal. >> he was just shooting everyone. he wasn't thinking. it was like a nightmare. i don't believe this is true. >> reporter: police said the suspect hunted the victims ages 12 to 19, shooting them for 90 minutes. but when police finally arrived, this is his moment of surrender, no resistance. he had no police record. >> we have not arrested him before on anything like that. >> reporter: police say in may, the suspect bought six tons of fertilizer, similar to the kind tim thi mcveigh used in oklahoma city. it may have been used to make the bomb. after setting off the car bomb that killed seven in oslo's central square, the suspect drove to the island less than an hour away dressed as a policeman. he told the teenagers, he needed to protect them after the oslo bombing. he gathered them close, and opened fire. >> the reason i thought it was a game or, i don't know, something else, was like not high sound, but silenced or something. like fireworks. >> reporter: as they fled through the
it big time. the current temperature at reagan national airport 100 degrees. we broke the record in 1991. 102 degrees at reagan national airport was the high. this is what it feels like, the heat index 109 at reagan national 104 dulles airport. at the latest doppler radar thunderstorms clearing to the south, south of fredericksburg. earlier, they have had a severe thunderstorm warnings. we have a new heat advisory that will go into effect for the daytime hours tomorrow, expiring tomorrow night. then thunderstorms through the day. are you ready for another potential heat wave? the full forecast from the belfort furniture weather center coming out. >>> not ready for that. the coverage of the heat wave continues with richard reeve at the national mall with more on how hot it feels and how the people are coping. >> it is impressive. he concealed the thickness of the air. -- you can feel the thickness of the air. for some people, the temperatures are downright dangerous. even the shape does not help in this heat. >> over 120. >> the heat gun that registers over 120 degrees on the national mal
mean they've got to pass something big and get it implemented quickly if we're not going to blow past that anyway. >> they really do. you heard secretary geithner yesterday saying that essentially we're running out of runway now and this is something that everyone has been dealing with for many, many months. what speaker boehner, according to one republican source, told gop lawmakers yesterday, is that they have to vote on some kind of a plan by wednesday and they have to post it on-line by today. so, you know, these are pretty tight deadlines that they're up against right now and last check, you know, they're still not close on a deal yet. nonetheless they have to get something done as he pointed out by wednesday to meet that august 2nd deadline. >> they don't have to be tight deadlines. >> never has to be tight deadlines. >> this is a crisis made in washington. >> as mark preston told me about half an hour ago, on the phone, he said guys, it's washington. that's -- >> this is how it always works. >> we'll be with you, talking many times. i have to tell you, grover norquist, the pres
strong is the right wing here? how big is this pool of people that could produce such a person? >> that pool of people, i would say, is very, very limited. what we see here is a rather extreme single instance, rather than something representative. >> reporter: the maximum punishment in norway for any crime, 21 years in president. if convicted the 32-year-old suspect will be back on the streets when he's 53 years old. >> we'll hear from martin late. >> americans are expressing their support for norway. on saturday mourns are created a makeshift memorial in washington, d.c., where people left flowers, flags, and candles and cards by a statue in front of the norwegian embassy. president obama offered his condolences to the people of norway. >>> golfer suzanne peterson of norway expressed her sorrow by wearing a black arm band participating in the masters in france. the number three ranked play in the world says she's deeply upset by friday's bombing and shooting deaths calling it the biggest disaster in norway's history. >>> for the latest on the massacre in norway, including new
. if they manage to defeat this vote today, this is going to be a big, big problem for markets. if they don't, you may see markets continue to tread water until there is a solution to this. now, remember, speaker boehner's plan is not likely one that is going to pass the senate. not likely one that is going to get past the president. the bottom line if there is some sense boehner has better control of h over hi members you may see markets allowing a little bit more time. right now markets are largely relaxing but ready to move if this doesn't go the right way. >> thanks, guys. >>> at the bottom of the hour, we will go to wall street for the opening bell and answer a question many of us have right now -- should we take our money out of the stock exchange and where do we put it if so. we will talk to a financial analyst about that. >>> cnn obtained dramatic new video taken minutes after the bombing of the government buildings in norway. it was shot by a hamburg who works in oslo and driving through a tunnel beneath the city's government plaza when the bomb went off. eight people killed. he recorded
. some good news for some. we're lessening the heat, pushing it further south with this big ridge now going to park itself over at least the central part of the u.s., where the heat and drought will continue. right over the state of texas even through wednesday, you can see this little dip in the jet stream. that brings some slightly cooler air, not as hot air into parts of the east here, but right by friday the ridge is going to build back in and we could see temperatures in the low to mid 90s. i certainly don't think any more 90 degree or 100-degree heat, excuse me, but we're still going to see hot stuff. the heat advisories, watches and warnings in effect basically from philly south along the coast and into the nation's midsection where this heat wave has taken the toll. right around two dozen fatalities, unfortunately, from this big heat wave. so it is a big story. and the other big story has been the rainfall here in and around places like chicago where we've had heavy rain, record rainfall yesterday. more problems. and the drought continues across the south, alex, where we wish
of here earlier than i've ever seen them leave before. 5:00, 5:30, ready for a big next couple of days. because what they're going to have to do now, they're going to have to pack four months worth of free agent activity into about four days. so obviously, the nfl players, a player rep from each team, 32 guys, met over teleconference today, and agreed to the new labor agreement. so this is done. this morning, players from the executive board met in downtown d.c. at the nflpa headquarters, and after that conference call, they were joined by some owners and league representatives and the deal was done. so some minor details to be worked out. it's going to last for ten years, though. that's the good news. and amazingly, after four and a half months of a work stoppage, the nfl preseason starts almost on time. >> we're happy that we've got an agreement that we have reached. i'll turn it over to roger to say a few words, and -- we'll finish it up. >> well, it's been a long time coming, and football is back, and that's the great news for everybody. i want to thank d. and all of the players fo
] and this is to remind you that you could save hundreds! yeah, that'll certainly stick with me. we'll take it. go, big money! i mean, go. it's your break, honey. same coverage, more savings. now, that's progressive. call or click today. if you have painful, swollen joints, i've been in your shoes. one day i'm on p of the world... the next i'm saying... i have this thing called psoriatic arthritis. i had some intense pain. it progressively got worse. my rheumatologist told me about enbrel. i'm surprised how quickly my symptoms have been managed. [ male announcer ] because enbrel suppresses your immune system, it may lower your ability to fight infections. serious, sometimes fatal events including infections, tuberculosis, lymphoma, other cancers, and nervous system and blood disorders have occurred. before starting enbrel, your doctor should test you for tuberculosis and discuss whether you've been to a region where certain fungal infections are common. don't start enbrel if you have an infection like the flu. tell your doctor if you're prone to infections, have cuts or sores, have had hepatitis b, hav
Search Results 0 to 49 of about 144 (some duplicates have been removed)